Business Research Project Part 5: Research Report and Presentation
Business Research Project Part 5: Research Report
Jaceilia Ajanaku, Anthony Beltran, Alysande Carrington, Tennile Connor, Charles Foster
QNT/561
May 6, 2015
Patricia A. Towne
Business Research Project Part 5: Research Report
Accomplishing the daily office goals at XYZ Relations takes complete teamwork from all employees. Being able to attend to all potential applicants in a timely manner demands dedication, effort and understanding. The tedious work required, presses employees to focus on tasks and depend on one another to accomplish goals. With an abundance amount of paperwork to deal with, XYZ Relations has been able to keep a steady pace by hiring the right employees and completing all required screening before employees begin work.
Inferential Statistics and Findings Review
XYZ Relation’s HR Department had some of their team member’s research inferential statistics; a statistical hypothesis is a statement about the numerical value of a population parameter.” (McClave, Benson, & Sincich, 2011). The question at hand, is there a relationship between the speed of onboarding a new employee and the days it takes to complete required background tests? . “The average time-to-fill for companies of 1,000 employees and more is 43 days, compared with 29 days for companies having fewer employees.” (Lytle, 2013) Surprisingly, all the team members came back with same search results using a t-test and random sampling. Based on the teams finds, unanimously, the decision was to reject the null hypothesis due to the calculated p values being lower than the error () value.
Using a t-test has many advantages. One is that the understanding of the output is easy to translate and interpret statistical differences. Two, even with a small sample set; the t-test is still relevant and needs one value from each test subject. Since many people today are not forth coming with personal information using a small sample set was not an issue for Survey’s 2000 as they knew the data
Jaceilia Ajanaku, Anthony Beltran, Alysande Carrington, Tennile Connor, Charles Foster
QNT/561
May 6, 2015
Patricia A. Towne
Business Research Project Part 5: Research Report
Accomplishing the daily office goals at XYZ Relations takes complete teamwork from all employees. Being able to attend to all potential applicants in a timely manner demands dedication, effort and understanding. The tedious work required, presses employees to focus on tasks and depend on one another to accomplish goals. With an abundance amount of paperwork to deal with, XYZ Relations has been able to keep a steady pace by hiring the right employees and completing all required screening before employees begin work.
Inferential Statistics and Findings Review
XYZ Relation’s HR Department had some of their team member’s research inferential statistics; a statistical hypothesis is a statement about the numerical value of a population parameter.” (McClave, Benson, & Sincich, 2011). The question at hand, is there a relationship between the speed of onboarding a new employee and the days it takes to complete required background tests? . “The average time-to-fill for companies of 1,000 employees and more is 43 days, compared with 29 days for companies having fewer employees.” (Lytle, 2013) Surprisingly, all the team members came back with same search results using a t-test and random sampling. Based on the teams finds, unanimously, the decision was to reject the null hypothesis due to the calculated p values being lower than the error () value.
Using a t-test has many advantages. One is that the understanding of the output is easy to translate and interpret statistical differences. Two, even with a small sample set; the t-test is still relevant and needs one value from each test subject. Since many people today are not forth coming with personal information using a small sample set was not an issue for Survey’s 2000 as they knew the data
References: Lytle, T. (2013). Streamline hiring. HRMagazine, 58(4), 63-65. Retrieved from http://search.proquest.com/docview/1346729623?accountid=35812 McClave, J. T., Benson, P. G., & Sincich, T. (2011). Statistics for Business and Economics (11th ed.). Boston, MA: Prentice Hall. Mueller, J. R., & Baum, B. (2011). The definitive guide to hiring right. The Journal of Applied Business and Economics, 12(3), 140-153. Retrieved from http://search.proquest.com/docview/885179591?accountid=458.